SAO PAULO (Reuters) - Brazil's securities industry watchdog CVM fined late on Tuesday the pension fund owned by workers of state-controlled oil producer Petróleo Brasileiro SA for participating on the election of board and fiscal council members that was reserved only for minority shareholders...

LONDON (Reuters) - British insurers Aviva and Friends Life said on Tuesday their boards have agreed the terms of their recommended all-share merger, creating a market leader with 16 million life insurance customers...

LONDON (Reuters) - Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on his time, the bank said...

(Reuters) - Apollo Global Management LLC is in advanced talks to acquire Presidio Inc in a deal that could value the information technology consulting company at close to $1.3 billion, including debt, according to people familiar with the matter...

SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd <005930.KS> on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits...

So, it looks like George Soros just invested $500 million with Bill Gross. In an announcement on its website, Janus announced that Quantum Partners, a private investment vehicle managed by Soros Fund Management, will invest $500 million in an account to be managed by Bill Gross...

(Reuters) - Dollar General Corp may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar Stores Inc , the New York Post reported, citing two sources close to the situation...

Irish pharmaceutical company Actavis buying Allergan for for $219 per share in a cash and stock deal valued at $66 billion. For months, Allergan has worked to fend off a hostile bid from Canadian pharmaceutical company Valeant and activist investor Bill Ackman. All of Ackman and Valeant's offers had been rejected. The most recent bid for the Botox-maker was $53 billion. Even though Valeant ...

PARIS (Reuters) - The French government wants former PSA Peugeot Citroen head Philippe Varin to succeed Pierre Blayau as the head of the board of state-owned nuclear group Areva , a source at the economics ministry told Reuters on Friday...

Activist investor Bill Ackman, the chief executive of Pershing Square Capital Management, is having a huge year in terms of performance. According to Bloomberg News' Kelly Bit , Pershing Square is up 33% for the year. Pershing Square's October performance was 0.7%. October was a wild month for the financial markets. Overall, most fund managers have been struggling to find alpha this year ...

Facebook board member Peter Thiel has an interesting take on the difference between Facebook and Google. In an interview with Marc Andreessen, another Facebook board member, Thiel said the following: "The bullish argument on Facebook, I would say, is that if Google sort of organizes the world's information, there's some sense in which Facebook has all the information about the world's people. I ...

Early mornings, high-powered meetings, and and peanut butter oatmeal — it's all par for the course in the life of Gary Kaminsky, Morgan Stanley's Vice Chairman of Wealth Management and former Capital Markets Editor at CNBC...

NEW YORK (Reuters) - Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis...

NEW YORK (Reuters) - Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. And that means even when the bank's revenue spikes higher, bankers' bonuses won't...

Google chairman Eric Schmidt is in London Thursday night for an on-stage interview with the Financial Times. During the conversation, one audience member asked how Schmidt dealt with conflicts of interest during the three years he spent on Apple's board of directors...